Aug 1 (Reuters) - Hudson's Bay Shareholders:
* SHAREHOLDERS COLLECTIVELY OWNING 57% OF HUDSON'S BAY COMPANY'S OUTSTANDING COMMON SHARES OUTLINE SIGNIFICANT RISKS OF CATALYST CAPITAL'S COERCIVE PARTIAL BID
* SHAREHOLDERS OWNING 57% INCLUDING ENTITIES RELATED TO RICHARD A. BAKER - REITERATE SUBSTANTIAL CASH PREMIUM PROPOSAL FOR ALL HUDSON BAY SHARES
* SHAREHOLDERS OWNING 57% INCLUDING ENTITIES RELATED TO RICHARD A. BAKER - LOOK FORWARD TO ENGAGING IN DISCUSSIONS WITH HUDSON BAY'S SPECIAL COMMITTEE